RICHARDS BAY INDUSTRIAL DEVELOPMENT ZONE

BBBEE Level: 4

RBIDZ BRIEF PROFILE
The Richards Bay Industrial Development Zone (RBIDZ) is a purpose-built and secure industrial estate on the North-Eastern South African coast, linked to the international deep-water port of Richards Bay. It is tailored for manufacturing of goods and production of services to boost beneficiation, investment, economic growth and the development of skills and employment. The RBIDZ, which is deemed to be a Special Economic Zone (SEZ), aims to encourage international competitiveness through world-class infrastructure as well as tax, VAT and duty free incentives to qualifying entities.
The RBIDZ strategy is to cluster downstream manufacturing businesses around the existing major industries already based in the City of uMhlathuze. The RBIDZ is geared to provide significant contribution to the country’s economic growth through creation of employment opportunities, upgrading the skills, technology transfer, deepening economic empowerment, and broadening of South Africa’s basket of export products. Focus on the following sectors: Metals Beneficiation (Aluminium, Iron Ore & Titanium), Port Optimisation (Ship Building & Repair, Oil & Gas), Renewable Energy (Solar, Fuel Cells Biomass), ICT (Techno-parks, Innovations Hub) and Agro-processing.